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DESCRIPTION
Entire block in downtown St. Petersburg New zoning approved in May allows for 54 units with 10% work force housing. Zoning CRT-1 & NSM-1. Zoning was approved WITHOUT site plan. This property is right next door to St Anthony's Hospital, the #1 Hospital in St Petersburg and is listed in the top few Hospitals in the State. St Anthony's continues to grow and is completing a $158 Million expansion. We have allowed the contractors to use our parking lot for their vehicles. Facts of interest: 1- All property & buildings on 14th, from 5th Ave to 7th Ave. 2- The current annual income from the multifamily properties is$167,250 gross with a net of $96,000. 3- The office building has 14,000 sq Feet and a potential of $180,000 income when fully rented. 4- Almost 2 acres in prime downtown St. Pete core. You will see from the attached map that this collection of various properties is well situated for development. The property carries itself nicely until you are ready to develop it. It is only 3 minutes from the expressway entrance. St Petersburg is going through a major turn around at the moment and this city block, next to the hospital, has tremendous future possibilities. St Petersburg Florida is an exciting growing city. The city is needing apartments and condos. They also want to develop workforce housing as part of new projects. We are located on 14th Street North and the city is moving our way. This property is an opportunity to build next to one of the largest hospitals in Florida.,
FEATURES- Building Area Total 70480
- City ST PETERSBURG
- Construction Materials Wood Frame
- Cooling Wall/Window Unit(s)
- Cooling Yes
- Country US
- County Or Parish Pinellas
- Days On Market 16
- Direction Faces South
- Directions 5th Avenue North To address
- Foundation Details Crawlspace
- Heating Yes
- Latitude 28
- List Price 6200000
- Living Area 70480
- Living Area Source Appraiser
- Living Area Units Square Feet
- Longitude -83
- Lot Size Acres 2
- Lot Size Square Feet 70480
- Lot Size Units Square Feet
- M L S Area Major 33705 - St Pete
- Mls Status Active
- Number Of Units Total 19
- On Market Date 2023-09-20 00:00:00
- Original List Price 6500000
- Originating System Name stellar
- Ownership Corporation
- Parcel Number 13-31-16-10062-000-0680
- Postal Code 33705
- Property Type Commercial Sale
- Road Surface Type Asphalt
- Sewer Public Sewer
- Special Listing Conditions None
- Standard Status Active
- State Or Province FL
- Subdivision Name BON AIR
- Unparsed Address
1401 5TH AVENUE N
ST PETERSBURG FL 33705 - Water Source Public
- Year Built 1977
- Zoning CRT-1
Zulma Hernandez
LISTING AGENT
Listing Provided by:
David Weylie
ELITE TAMPA BAY REALTY LLC
The multiple listing information is provided by Miami Association of REALTORS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©️2019 Miami Association of REALTORS. All Rights Reserved.
The information provided is for consumers’ personal, non- commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
